We are seeing more and more people losing their cryptocurrency due to these fake apps. But Google Play Store not taking an action is more disappointing. Play Store is a hub of apps used for phishing and scams related to crypto, we recently published a report of few clone apps that were used for phishing.
In a recent Crypto scam, scammers are using the name of popular websites and other crypto entities and creating apps on their name, and distributing through Google Play Store. WalletConnect is such a fake crypto app used to steal private keys and phrases.
WalletConnect is an open-source protocol for connecting decentralized applications to mobile wallets with QR code scanning or deep linking. A user can interact securely with any Dapp from their mobile phone, making WalletConnect wallets a safer choice compared to desktop or browser extension wallets. – Source: Website
A user on Twitter noticed this fake crypto app and tweeted about it, WalletConnect’s official account quoted the tweet and confirmed that we do not have any official app, and it is a fake app available on the Play Store.
Fake scam WalletConnect app in Google play store with 1700 ratings and 4.5 star reviews. Hint: THERE IS NO WALLETCONNECT APP.
— Mikko Ohtamaa 🐮 (@moo9000) April 19, 2021
⚠️ WARNING ⚠️
Fake app stealing cryptocurrency on Google Play Store
WalletConnect does NOT have any apps
WalletConnect is a protocol
Never share you private key or seed phrase! https://t.co/J70yhuVW6r
— WalletConnect 📲 (@WalletConnect) April 19, 2021
Fake WalletConnect app details:
- Name: WalletConnect | Open protocol
- Package: com.connectwallet.protocol
- Installs: 1000+
We will update you when this app will be taken down. Stay Tuned.